Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$104,879$104,879$420,300
Remaining term (yrs)16.016.030.0
Secondary amount$0$315,421$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%6.914%7.640%
1st payment$714.02$714.02$2,910.07
2nd payment$0.00$2,037.09$0.00
Taxes / mo$183.17$183.17$183.17
Insurance / mo$166.67$166.67$166.67
MI / mo$111.93$111.93$84.06
HOA / mo$27.67$27.67$27.67
Total monthly$1,203.45$3,240.54$3,371.64
Cash to close$362,121$46,700$46,700